bitcoin research

i’m always seeing articles about bitcoin and bitcoin mining so i figured i’d finally look into it. i installed bitcoin-qt in ubuntu and upon starting it, the application had to synchronize the block chain. since it said it was 100-ish weeks behind i let it run over night. i came back to check in the morning and noticed that i had ran out of disk space (almost 8gb worth).

i then searched for a bitcoin client that didn’t need to sync the entire block chain and found electrum (www.electrum.org). electrum was really easy to use as it’s wizard driven. i created a wallet and so on and then i was ready to look into mining. well, for mining you need another application. the most popular i found for linux was cgminer. i attempted to install cgminer in ubuntu and it wanted to remove the nvidia drivers. i wasn’t comfortable with that so i decided to not proceed.

after choosing not to install cgminer and reading that bitcoin mining relies on fairly good GPUs for the best results i decided to shelve this topic for a later date.

This entry was written by resinblade , posted on Sunday October 20 2013at 05:10 pm , filed under IT . Bookmark the permalink . Post a comment below or leave a trackback: Trackback URL.

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